Compare Fixed-Rate Deposits in Netherlands

Live offers

1. ABN AMRO Termijndeposito · ABN AMRO · €2.10
2. Knab Deposito · Knab · €2.20
3. NIBC Direct Deposito 1jr · NIBC Bank · €2.40
4. MeDirect Deposito · MeDirect · €2.50
5. NIBC Direct NL Fixed Deposits · NIBC Direct NL · 2.50% gross

What are fixed deposits in the Netherlands?

A fixed deposit (deposito) locks a sum of money away for a set term — often one to five years — in exchange for a guaranteed interest rate. Unlike an instant-access savings account (spaarrekening), a deposito cannot usually be withdrawn early without penalty, which is why it pays more. Dutch savers use deposits to earn a predictable return on money they will not need in the short term.

How the Dutch market works

Deposit rates in the Netherlands rose sharply as the European Central Bank tightened policy, and savers increasingly shop across borders. Platforms such as Raisin and MeDirect let Dutch residents open deposits at banks across the EU, all covered by their home country's deposit guarantee. Domestic banks — from ABN AMRO to sustainable names like Triodos and ASN — offer laddered terms, while challengers such as Bigbank and Knab compete hard on rate.

Benefits

Guaranteed return — The rate is fixed for the full term, so you know exactly what you will earn.

Higher than instant access — Locking money away typically beats variable savings rates.

No market risk — Unlike investing, your capital does not fluctuate.

Laddering — Splitting money across terms balances access with yield.

Guarantee protection — Deposits sit within the €100,000 scheme, so your capital is safeguarded up to that limit.

How to choose

Match the term to when you will need the money — breaking a deposito early usually means forfeiting interest. Compare the annual rate across terms and check the deposit-guarantee scheme behind a cross-border offer. For sustainability, Triodos and ASN appeal; for pure rate, EU challengers on Raisin often lead. Confirm minimum deposit sizes and whether interest is paid annually or at maturity, as this affects box-3 tax timing.

Leading providers in the Netherlands

ABN AMRO offers established fixed-term deposits, while Triodos and ASN cater to ethical savers. MeDirect and Raisin act as marketplaces aggregating high rates from banks across Europe. Knab and Bigbank Netherlands compete directly on term rates, giving savers a wide spread of options from familiar Dutch names to EU specialists. Because the deposit guarantee applies equally across EU-licensed banks, many savers simply follow the highest rate for their chosen term.

What it costs

Deposits do not carry account fees; the number that matters is the interest rate, which in the current market ranges roughly from 2.1% to 5.5% depending on term and provider. Longer lock-ups and challenger banks tend to sit at the higher end, while short one-year terms at the big incumbents sit lower. Some banks pay interest annually and others roll it up to maturity, which changes when the return lands. Remember that returns are taxed under box 3 based on assumed yield, and early withdrawal — where allowed — usually costs several months of interest.

Protections and regulation

Deposits at Dutch-licensed banks are covered by the Depositogarantiestelsel (DGS) up to €100,000 per person per bank, administered under DNB. Deposits opened via Raisin or MeDirect at another EU bank are covered by that country's equivalent scheme, also up to €100,000. Banks are supervised prudentially by DNB and for conduct by the AFM.

Common questions

Can I withdraw early? Usually not without penalty; some banks allow it at the cost of forfeited interest, so check the terms before committing.

Are cross-border deposits safe? Yes, if the bank is EU-licensed — the €100,000 guarantee applies via that country's scheme.

How is the interest taxed? Savings and deposits fall under box 3, taxed on a deemed return rather than the actual interest.

Fixed-Rate Deposits in Netherlands — FAQ